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Form 8.3 AVIVA PLC

20th May 2025 14:06

RNS Number : 4489J
Barclays PLC
20 May 2025
 

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR

MORE

Rule 8.3 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Full name of discloser:

Barclays PLC.

(b)

Owner or controller of interest and short

positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose

AVIVA PLC

relevant securities this form relates:

(d)

If an exempt fund manager connected with an

offeror/offeree, state this and specify identity of

offeror/offeree:

(e)

Date position held/dealing undertaken:

19 May 2025

(f)

In addition to the company in 1(c) above, is the discloser making

YES:

disclosures in respect of any other party to the offer?

DIRECT LINE INSURANCE GROUP PLC

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)

Interests and short positions in the relevant securities of the offeror or offeree

to which the disclosure relates following the dealing(if any)

Class of relevant security:

32 17/19p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

8,089,421

0.30%

15,564,208

0.58%

(2)

Cash-settled derivatives:

and/or controlled:

14,893,417

0.56%

7,303,667

0.27%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

225,364

0.01%

TOTAL:

22,982,838

0.86%

23,093,239

0.86%

(b)

Rights to subscribe for new securities (including directors and other executive

options)

Class of relevant security in relation to

which subscription right exists

Details, including nature of the rights

concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

32 17/19p ordinary

Purchase

340,051

5.8740 GBP

32 17/19p ordinary

Purchase

330,259

5.9180 GBP

32 17/19p ordinary

Purchase

273,495

5.8788 GBP

32 17/19p ordinary

Purchase

256,257

5.8657 GBP

32 17/19p ordinary

Purchase

232,645

5.8842 GBP

32 17/19p ordinary

Purchase

131,765

5.8857 GBP

32 17/19p ordinary

Purchase

74,597

5.8909 GBP

32 17/19p ordinary

Purchase

46,076

5.8948 GBP

32 17/19p ordinary

Purchase

36,427

5.8946 GBP

32 17/19p ordinary

Purchase

35,689

5.8969 GBP

32 17/19p ordinary

Purchase

33,263

5.9118 GBP

32 17/19p ordinary

Purchase

32,127

5.8958 GBP

32 17/19p ordinary

Purchase

29,969

5.8950 GBP

32 17/19p ordinary

Purchase

24,593

5.8861 GBP

32 17/19p ordinary

Purchase

23,773

5.8858 GBP

32 17/19p ordinary

Purchase

19,912

5.8884 GBP

32 17/19p ordinary

Purchase

19,737

5.8881 GBP

32 17/19p ordinary

Purchase

18,292

5.8904 GBP

32 17/19p ordinary

Purchase

18,024

5.8849 GBP

32 17/19p ordinary

Purchase

16,822

5.8979 GBP

32 17/19p ordinary

Purchase

16,459

5.8876 GBP

32 17/19p ordinary

Purchase

16,155

5.8894 GBP

32 17/19p ordinary

Purchase

15,952

5.8875 GBP

32 17/19p ordinary

Purchase

14,865

5.8877 GBP

ADR

Purchase

14,780

15.8037 USD

32 17/19p ordinary

Purchase

11,162

5.8818 GBP

32 17/19p ordinary

Purchase

10,140

5.8866 GBP

32 17/19p ordinary

Purchase

9,691

5.8823 GBP

32 17/19p ordinary

Purchase

9,054

5.8953 GBP

32 17/19p ordinary

Purchase

8,446

5.9030 GBP

32 17/19p ordinary

Purchase

7,904

5.9012 GBP

32 17/19p ordinary

Purchase

7,643

5.9005 GBP

32 17/19p ordinary

Purchase

6,031

5.9017 GBP

32 17/19p ordinary

Purchase

5,848

5.8685 GBP

32 17/19p ordinary

Purchase

5,809

5.8923 GBP

32 17/19p ordinary

Purchase

3,193

5.9014 GBP

32 17/19p ordinary

Purchase

2,798

5.8975 GBP

32 17/19p ordinary

Purchase

2,100

5.8815 GBP

32 17/19p ordinary

Purchase

1,845

5.9060 GBP

32 17/19p ordinary

Purchase

1,751

5.8848 GBP

32 17/19p ordinary

Purchase

1,470

5.8930 GBP

32 17/19p ordinary

Purchase

1,435

5.8931 GBP

32 17/19p ordinary

Purchase

1,020

5.8760 GBP

32 17/19p ordinary

Purchase

950

5.8908 GBP

32 17/19p ordinary

Purchase

481

5.8870 GBP

32 17/19p ordinary

Purchase

218

5.8920 GBP

ADR

Purchase

140

15.9800 USD

32 17/19p ordinary

Purchase

122

5.8794 GBP

32 17/19p ordinary

Purchase

87

5.9090 GBP

32 17/19p ordinary

Purchase

29

5.9100 GBP

32 17/19p ordinary

Purchase

19

5.8860 GBP

32 17/19p ordinary

Sale

745,530

5.9153 GBP

32 17/19p ordinary

Sale

575,433

5.9179 GBP

32 17/19p ordinary

Sale

187,738

5.8839 GBP

32 17/19p ordinary

Sale

180,707

5.9180 GBP

32 17/19p ordinary

Sale

170,231

5.8877 GBP

32 17/19p ordinary

Sale

162,086

5.8865 GBP

32 17/19p ordinary

Sale

88,890

5.8801 GBP

32 17/19p ordinary

Sale

77,632

5.8856 GBP

32 17/19p ordinary

Sale

60,918

5.8984 GBP

32 17/19p ordinary

Sale

34,339

5.9127 GBP

32 17/19p ordinary

Sale

32,469

5.8918 GBP

32 17/19p ordinary

Sale

30,980

5.9015 GBP

32 17/19p ordinary

Sale

29,315

5.9178 GBP

32 17/19p ordinary

Sale

20,235

5.8779 GBP

32 17/19p ordinary

Sale

18,503

5.8879 GBP

32 17/19p ordinary

Sale

18,376

5.8793 GBP

32 17/19p ordinary

Sale

18,059

5.8823 GBP

32 17/19p ordinary

Sale

14,890

5.9006 GBP

ADR

Sale

14,780

15.8037 USD

32 17/19p ordinary

Sale

13,577

5.8887 GBP

32 17/19p ordinary

Sale

11,784

5.9168 GBP

32 17/19p ordinary

Sale

9,473

5.8817 GBP

32 17/19p ordinary

Sale

7,981

5.8844 GBP

32 17/19p ordinary

Sale

7,524

5.9171 GBP

32 17/19p ordinary

Sale

7,049

5.8660 GBP

32 17/19p ordinary

Sale

5,830

5.8834 GBP

32 17/19p ordinary

Sale

5,200

5.8866 GBP

32 17/19p ordinary

Sale

4,760

5.8835 GBP

32 17/19p ordinary

Sale

4,244

5.9022 GBP

32 17/19p ordinary

Sale

3,700

5.8906 GBP

32 17/19p ordinary

Sale

3,340

5.8780 GBP

32 17/19p ordinary

Sale

3,279

5.8925 GBP

32 17/19p ordinary

Sale

2,280

5.9069 GBP

32 17/19p ordinary

Sale

2,226

5.8819 GBP

32 17/19p ordinary

Sale

1,948

5.9016 GBP

32 17/19p ordinary

Sale

1,907

5.8954 GBP

32 17/19p ordinary

Sale

1,435

5.8937 GBP

32 17/19p ordinary

Sale

1,433

5.8860 GBP

32 17/19p ordinary

Sale

1,152

5.8827 GBP

32 17/19p ordinary

Sale

904

5.8930 GBP

32 17/19p ordinary

Sale

860

5.8799 GBP

32 17/19p ordinary

Sale

811

5.8831 GBP

32 17/19p ordinary

Sale

796

5.8787 GBP

32 17/19p ordinary

Sale

722

5.8900 GBP

32 17/19p ordinary

Sale

470

5.9080 GBP

32 17/19p ordinary

Sale

342

5.8744 GBP

32 17/19p ordinary

Sale

342

5.8840 GBP

32 17/19p ordinary

Sale

152

5.8778 GBP

ADR

Sale

140

15.9800 USD

32 17/19p ordinary

Sale

93

5.9177 GBP

32 17/19p ordinary

Sale

7

5.8800 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

32 17/19p ordinary

SWAP

Increasing Long

32,469

5.8918 GBP

32 17/19p ordinary

SWAP

Decreasing Long

16,155

5.8894 GBP

32 17/19p ordinary

SWAP

Increasing Long

99,270

5.8686 GBP

32 17/19p ordinary

SWAP

Increasing Long

96,641

5.8719 GBP

32 17/19p ordinary

SWAP

Increasing Long

152

5.8778 GBP

32 17/19p ordinary

SWAP

Increasing Long

20,235

5.8779 GBP

32 17/19p ordinary

SWAP

Increasing Long

9,130

5.8793 GBP

32 17/19p ordinary

SWAP

Increasing Long

88,890

5.8801 GBP

32 17/19p ordinary

SWAP

Increasing Long

1,369

5.8808 GBP

32 17/19p ordinary

SWAP

Increasing Long

2,226

5.8819 GBP

32 17/19p ordinary

SWAP

Increasing Long

11,239

5.8826 GBP

32 17/19p ordinary

SWAP

Increasing Long

1,152

5.8827 GBP

32 17/19p ordinary

SWAP

Increasing Long

77,632

5.8856 GBP

32 17/19p ordinary

SWAP

Increasing Long

170,231

5.8877 GBP

32 17/19p ordinary

SWAP

Increasing Long

5,700

5.8879 GBP

32 17/19p ordinary

SWAP

Increasing Long

904

5.8930 GBP

32 17/19p ordinary

SWAP

Increasing Long

6,981

5.8980 GBP

32 17/19p ordinary

SWAP

Increasing Long

30,980

5.9015 GBP

32 17/19p ordinary

SWAP

Increasing Long

1,948

5.9016 GBP

32 17/19p ordinary

SWAP

Increasing Long

9,634

5.9022 GBP

32 17/19p ordinary

SWAP

Increasing Long

2,519

5.9045 GBP

32 17/19p ordinary

SWAP

Increasing Long

2,280

5.9069 GBP

32 17/19p ordinary

SWAP

Increasing Long

289,867

5.9140 GBP

32 17/19p ordinary

SWAP

Increasing Long

11,784

5.9168 GBP

32 17/19p ordinary

SWAP

Increasing Long

7,524

5.9171 GBP

32 17/19p ordinary

SWAP

Increasing Long

180,609

5.9173 GBP

32 17/19p ordinary

SWAP

Increasing Long

108,433

5.9177 GBP

32 17/19p ordinary

SWAP

Increasing Long

29,315

5.9178 GBP

32 17/19p ordinary

SWAP

Increasing Long

575,433

5.9179 GBP

32 17/19p ordinary

SWAP

Increasing Long

127,455

5.9180 GBP

32 17/19p ordinary

SWAP

Decreasing Long

256,257

5.8657 GBP

32 17/19p ordinary

SWAP

Decreasing Long

524

5.8684 GBP

32 17/19p ordinary

SWAP

Decreasing Long

66,045

5.8713 GBP

32 17/19p ordinary

SWAP

Decreasing Long

340,051

5.8740 GBP

32 17/19p ordinary

SWAP

Decreasing Long

273,495

5.8788 GBP

32 17/19p ordinary

SWAP

Decreasing Long

3,509

5.8853 GBP

32 17/19p ordinary

SWAP

Decreasing Long

597

5.8856 GBP

32 17/19p ordinary

SWAP

Decreasing Long

7,901

5.8866 GBP

32 17/19p ordinary

SWAP

Decreasing Long

10,041

5.8870 GBP

32 17/19p ordinary

SWAP

Decreasing Long

550

5.8872 GBP

32 17/19p ordinary

SWAP

Decreasing Long

13,519

5.8875 GBP

32 17/19p ordinary

SWAP

Decreasing Long

5,868

5.8887 GBP

32 17/19p ordinary

SWAP

Decreasing Long

218

5.8920 GBP

32 17/19p ordinary

SWAP

Decreasing Long

36,427

5.8946 GBP

32 17/19p ordinary

SWAP

Decreasing Long

46,076

5.8948 GBP

32 17/19p ordinary

SWAP

Decreasing Long

20,214

5.8956 GBP

32 17/19p ordinary

SWAP

Decreasing Long

35,689

5.8969 GBP

32 17/19p ordinary

SWAP

Decreasing Long

8,667

5.8992 GBP

32 17/19p ordinary

SWAP

Decreasing Long

69

5.9144 GBP

32 17/19p ordinary

SWAP

Decreasing Long

185

5.9148 GBP

32 17/19p ordinary

SWAP

Decreasing Long

276,888

5.9180 GBP

32 17/19p ordinary

SWAP

Decreasing Long

1,500

5.8897 GBP

32 17/19p ordinary

CFD

Increasing Long

7,049

5.8659 GBP

32 17/19p ordinary

CFD

Increasing Long

4,229

5.8733 GBP

32 17/19p ordinary

CFD

Increasing Long

19,694

5.8838 GBP

32 17/19p ordinary

CFD

Increasing Long

4,146

5.8856 GBP

32 17/19p ordinary

CFD

Increasing Long

46,972

5.9174 GBP

32 17/19p ordinary

CFD

Increasing Long

3,033

5.9175 GBP

32 17/19p ordinary

CFD

Decreasing Long

7,877

5.8824 GBP

32 17/19p ordinary

CFD

Decreasing Long

64,383

5.8934 GBP

32 17/19p ordinary

CFD

Decreasing Long

17,504

5.9034 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding,

formal or informal, relating to relevant securities which may be an inducement to deal

or refrain from dealing entered into by the exempt principal trader making the disclosure and any party

to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between

the person making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights of future acquisition or disposal of any relevant securities to which

any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

YES

Date of disclosure:

20 May 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO

PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the "Code")

1.

KEY INFORMATION

Identity of the person whose positions/dealings

Barclays PLC.

are being disclosed:

Name of offeror/offeree in relation to whose

AVIVA PLC

relevant securities this from relates:

2.

OPTIONS AND DERIVATIVES

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

32 17/19p ordinary

Call Options

Written

-120,786

5.3305

European

06-Jun-2026

32 17/19p ordinary

Call Options

Written

-104,578

5.3176

European

05-Jun-2026

3.

AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:

 

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END
 
 
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